this post was submitted on 30 Jun 2025
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chapotraphouse
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No anti-nautilism posts. See: Eco-fascism Primer
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I think you might be a little off here. I really appreciate that you brought up Ernst Mandel's and Fredric Jameson's works, but I have to disagree about them not intending the word "late" to mean "closer to the terminal end." Without going and spending a bunch of time digging for quotes, it seemed pretty clear to me that they were referring to the concept that there are certain stages to capitalism (as already noted both Marx and Lenin discussed) and not using the word just to mean "the most recent" not to mention that would be an odd way to phrase it. I also agree with you that Michael Hudson (and slightly more tangentially Edward Said) have further developed the concept of modern imperialism beyond Lenin's analysis, but that said, Lenin's conception of imperialism was not at all vulgar, not even in comparison to modern Marxists additions to it. Have you read Lenin's work on imperialism? He specifically developed it beyond the idea of "naked territory grabbing and domination" of old school colonialism to mean what it means today, including how Hudson mean and use it.
Distinction without a difference. Capitalism will be killed because of its own inherent contradictions which make its killing an inevitability.
I have read Lenin, and yes it's a bit more complicated since he does talk about financial imperialism but not in the same way things have developed post war. Also this is Jameson, in the introduction, describing his choice of "late."
And Mandel on "late":
Neither of these convey the idea that this is the last stage or a terminal stage, just another, most recent stage. And indeed Mandel does try and claim late capitalism is different than the imperialism described by Lenin, writing